I want to win!!! Saving money is also equal to saving time. We used to go to the grocery weekly because I want to alternate supermarkets (some items are cheaper in alternative malls) but found that going weekly drains gas money. Plus, it also equates to eating out or unplanned purchases. Now, we just go once a month and stick to one supermarket and build up the loyalty card. This offsets the items I can buy cheaper from other supermarkets.

I want to win! Here’s my family finance tip: Recently, my husband and I reviewed our appliances in the house. I discovered that there were some items which (even if they were still working well), were consuming a lot of electricity [e.g. auto-defrost refrigerator, our old airconditioner, etc.] We discarded some of these items to buy new ones, and voila! I’m now saving at least P1,000 in my electricity bills! Same goes with doing the groceries. When I need just a few items, I just walk to and from the supermarket. Realy saves up on gas. And it’s a great way to exercise as well

I want to win! maids usually don’t know how to save or do not care. as household manager, we need to train them to save in evey aspect, including “minor” things like bath soap, and lpg. for bath soap,the small leftover soap can be placed in a small net-like bag that can be used for hand-washing. i found that glass cookware, tho expensive, can actually save more on fuel in the long run. this type of cookware heats up easily, and stores heat, so when the food being cooked is already simmering, you can put the flame to low yet still keep the high temp. best for nilaga. (i don’t like the taste of meats cooked in pressure cooker). hope this helps

I want to win for a friend! Here’s my family finance tip: Send your kids to school with packed lunch! Not only will you be able to save a lot of money, you can be assured that your kids are eating healthy.

I want to win!!! Family tip: Live below your means.

I want to win! Here’s my family finance tip… First, list down your family’s goal/dream. Next, evaluate your current financial condition e.g. revenues expenses, assets and liabililities. Then, identify those expenses which you can minimize or do without. You may also find other sources of income like selling stuff you don’t need anymore but still in working condition. Create a budget and stick to it. Review your actual expenses vs the budget at least monthly.

I want to win! Here’s my family finance tip …instead of eating out and watching movies at the mall, my wife and I prefer to spend our weekends in strolling in the park and enjoying the sights and sounds that nature has to offer. We just bring our own picnic basket filled with home-cooked meals. Simple pleasures such as these are priceless!

I want to win! Here’s what we’re doing. We list down all our expenses in excel sheet with a graph automatically adjusting. Each month, we analyze our biggest expenses and plan to minimize them. And also remove some unnecessary ones. And by looking at the graph everyday, we can see what’s the biggest of them all and if we’re reaching our monthly budget. From that, we can take action immediately.

managing family finances does deals on cooperative effort of every member of the family. in making a budget it is important to call the family in a conference for a participatory promolgation, construction of the budget. in this manner everybody will understand why certain matters, items should be avoided. in these tactics the head of the family will have a less headache and can call every member for help yo the success of the budget.

I want to win!
do not buy on impulse.

First of all we practice tithing and “pay yourself first” or saving. Then we make sure all needs are covered by our monthly income. Anything left over, (yes, it sometimes happen) are added to savings instead of spending on a “want”. All “wants” are to be sourced from investment income, never from monthly income. This limits spur of the moment purchases and focuses us on making tong-term planning for major “wants”.

Thanks for sharing your family finance tips! We can learn so much from each other.

Maia, Rencie, Maggie, Money Magnets and Frosh — you were the first 5 to post. Please expect an e-mail informing you of your free seat at the Family Finance Seminar. Thanks!

I want to win. Here’s my family finance tip. I am a single parent whose child support has yet to be finalized in court. Every first amount I already alot a fixed bulk amount for the family’s monthly expenses. I also list down each and every purchase and automatically deduct it from this bulk amount. Every 15th i also deduct a certain portion from this for savings so I have to do with what is left for our living expenses.

By every first amount I mean every first of the month. Sorry

Maraming magandang tips sa thread na ito.. but i think ang best combination is…

1. Use excel sheet with Graphs
2. Pay yourself first
3. DONT BUY Cash-value Insurance, BUT TERM
4. Replaced old applicances with new energy efficient one